According to industry sources and market research firm Display Supply Chain Consultants (DSCC) on Feb. 12, LG Display has recently agreed to a long-term supply contract with Samsung Electronics for OLED and Liquid Crystal Display panels.LG Display is expected to supply Samsung Electronics with 5 mil
As global electronic component companies that manufacture Multi-Layer Ceramic Capacitors (MLCCs) seek breakthroughs by expanding their automotive MLCC businesses amid ongoing smartphone demand slumps, Samsung Electro-Mechanics, a leading South Korean MLCC company, is focusing its investments on the
During the Lunar New Year holiday, Lee Jae-yong, chairman of Samsung Electronics, visited the Samsung SDI battery manufacturing facility in Malaysia, emphasizing the need for bold investments despite challenges. On Feb. 12, Samsung Electronics reported that Chairman Lee, having arrived in Malaysia o
It has been revealed that the dividend payouts of major domestic companies increased by nearly 10 percent last year. Particularly noteworthy is the recent announcement by the government regarding the introduction of the “Corporate Value-Up Program” aimed at addressing the “Korea Discount,” which ref
Following the announcement of the government’s introduction of a program to enhance corporate value, stocks with a low price-to-book ratio (PBR) showed strength. Over the past two weeks, foreign investors’ net purchases on the KOSPI surpassed 5 trillion won. While low PBR stocks surged due to foreig
President Yoon Suk-yeol reiterated the importance of adopting a global standard to address the “Korea Discount,” which indicates the undervaluation of the domestic stock market, during his televised speech on Feb. 7. This has sparked increased interest in low price-to-book ratio (PBR) stocks among i
The stock price of Rainbow Robotics surged following reports that Samsung Electronics could expedite the acquisition of the robot specialist company. However, Samsung Electronics has refuted these claims as baseless.According to the Korea Exchange on Feb. 8, Rainbow Robotics saw its stock price jump
Apple is accelerating the development of a “foldable iPhone,” entering the foldable phone market pioneered by Samsung Electronics with its Galaxy Fold five years ago.The Information, a specialist IT media outlet, reported on Feb. 7 (local time) that Apple is developing prototypes of a clamshell-shap
Samsung Electronics is gearing up for the commencement of operations at its semiconductor contract manufacturing foundry in Taylor, Texas, in the U.S. by deploying manufacturing-related personnel in the second half of the year. If the current situation persists, there should be no issues with starti
Samsung has not officially responded to the news that prosecutors are appealing the court’s decision to acquit Samsung Electronics Chairman Lee Jae-yong. However, there’s an atmosphere of tension as the reality of him not yet being free from legal risks looms.The Seoul Central District Prosecutors’
Partnerships are on the uptick between North America’s No. 1 automaker General Motors (GM) and Korean companies. They started with electric vehicle batteries and are now expanding to battery materials and electronics and semiconductors.GM Chairwoman Mary Barra, who made her first visit to Korea on F
Last year, Taiwan Semiconductor Manufacturing Company (TSMC) achieved the top spot in semiconductor sales worldwide for the first time. On Feb. 6, Taiwan News reported that TSMC, established in 1987, has become the leading semiconductor sales company for the first time.According to TriOrient Investm
SK hynix and Taiwan’s TSMC have established an “AI semiconductor alliance.” SK hynix, riding the wave of generative AI popularity, has emerged as a leader in the high bandwidth memory (HBM) market, while TSMC is the world’s largest semiconductor foundry. The strategy aims to consolidate the companie
Samsung Biologics has announced a collaboration with LegoChem Biosciences for the development of Antibody-Drug Conjugate (ADC) therapeutics.On Feb.7, Samsung Biologics revealed it had entered into a new Contract Development Organization (CDO) agreement with LegoChem Biosciences (hereinafter referred
Despite a slowdown in the growth of electric vehicles, it was revealed that the usage of electric vehicle batteries increased by 38.6 percent last year compared a year earlier. Chinese companies CATL and BYD jointly secured the top two positions in the global market. The market share of South Korea’
Until 10 years ago, there was no semiconductor company in the world that could rival Samsung Electronics. In 2011, it surpassed Intel to become the global leader in the semiconductor market in terms of capitalization. By 2012, it rose to fifth place among global information technology (IT) companies
U.S. General Motors (GM) Chairwoman Mary Barra will visit South Korea to meet with battery partners -- LG Energy Solutions and Samsung SDI -- on Feb. 7. Barra has made several unofficial visits to South Korea since taking office as chairwoman in 2016, but this is the first time she has officially co
The voices of labor unions within Samsung Group are growing louder. This is because not only are affiliate unions demanding the same wage increase through solidarity but the launch of a unified union, beyond affiliate unions, is on the horizon.On Feb. 6, the Samsung Group Trade Union Solidarity, a f
Samsung Heavy Industries has secured a second-phase project for liquefied natural gas (LNG) carriers worth 4.6 trillion won (US$2.5 billion), following HD Hyundai Heavy Industries, marking another success for two of South Korea’s major shipbuilders in the Qatar LNG project.On Feb. 6, Samsung Heavy I
Xiaomi and Huawei, major Chinese smartphone manufacturers, are set to launch a series of new premium phone models, intensifying competition for Samsung Electronics, which is already contending with Apple’s iPhone. The Xiaomi 14 series will be globally released this month, featuring the Qualcomm Snap